why is ROFR turnaround so fast now?

[Emilysmom]

Just wondering whether anyone has any theories about why Disney seems to be passing ROFR so quickly these days. We just passed in a less than 2 weeks. It makes me wonder if that means anything (maybe I paid too much LOL).

 

[DOCDDS]

Just wondering whether anyone has any theories about why Disney seems to be passing ROFR so quickly these days. We just passed in a less than 2 weeks. It makes me wonder if that means anything (maybe I paid too much LOL).

When you have no intention of excercising your ROFR, the decision is easy and the time to pass on the contracts offered is minute.

 

[DVCconvert]

When you have no intention of excercising your ROFR, the decision is easy and the time to pass on the contracts offered is minute.

That and lack of volume.

 

[disneynutz]

Doesn't make much sense does it. Disney knows what they want to buy and pass, making us wait 30 days is just another marketing reason to buy direct and some buyers don't want to wait.

Why things have changed now is anyones guess.

Bill

 

[Cajun28]

If I had to guess, and this is only a guess, I'd say it is because Disney knows that in this economy a lot of contracts that are being sold are distressed. So Disney is waving ROFR faster so that contracts are transferred quicker and the new owners will be spending money @ WDW sooner. Also, in some cases, this means previous owners would be paying their loans quicker and it's easier than foreclosing

Disney also knows that with the prices of resale being so low, a couple of weeks wait won't be enough of an incentive to buy direct instead of resale, so there's no need to delay ROFR.

 

[CMOORE185]

It is amazing some of the selling prices Disney is passing on these days. Here are some examples: BLT-$66.25, BCV-$66, BWV-$50, VWL-$55, HHI-$40, OKW-$52, SSR-$50, VB-$35. Alot of these are not stripped contracts and not huge point amounts. All I have to say is WOW!

 

[pharmlivin]

from Disney. Swallow the medicine. Just move the resales through as fast as possible at whatever price, and in doing so, get new MF payers and help deplete the competitive resale inventory. If this is Disney's strategy it seems logical.

 

[Mtnman44]

It seems obvious that Disney is changing strategy. They no longer appear to be using ROFR in order to support Direct Sales Demand. This probably became too expensive for them. Now, they have instead decided to add certain perks for directly sold contracts. My guess is that there is still more to come on this.

 

[Brian Noble]

I wouldn't read too much into it. For a sale tomorrow, it may go back to the full period.

More broadly, ROFR (except, possibly, for BCV) does not seem to apply at the moment.